Global Markets Mixed; FIIs Buy Big as Earnings & Corporate Twists Drive Volatility

Today's Market at 08:35am

 

US Market (Futures)

      Nasdaq = +7.80

      Dow Jones = -7.50

      S&P 500 = +2.60

European (Futures)

      Ftse 100 = +10.40

      Cac 40 = +19.60

      Dax = -152.00

Asian

      Nikkei 225 = -370.48

      ASX 200 = -44.60

      Straits Times = +18.76

      Hang Seng = -173.78

      KOSPI = -35.54

      Taiwan weighted = -116.06

      Shanghai (SSE) = -8.44

Gift Nifty = 24751.50 (-11.00)

 

 FII and DII Trading Activity May 21, 2025 in Cash market: 

FIIs: Net Buy of ₹2,201.79 crore

DIIs: Net Buy of ₹683.77 crore

 

Results Today:

Astra Microwave Products, Barbeque-Nation Hospitality, Centum Electronics, Clean Science and Technology, Container Corporation of India, Deepak Fertilisers & Petrochemicals Corporation, Emcure Pharmaceuticals, Gandhar Oil Refinery (India),  GMR Airports, Goodluck India, Grasim Industries, Greenpanel Industries, Gujarat State Petronet, HFCL, Honasa Consumer, Igarashi Motors India, Indoco Remedies, ITC, Max Estates, Metro Brands, MTAR Technologies, Power Mech Projects, Premier Explosives, The Ramco Cements, Sandhar Technologies, Strides Pharma Science, Subros, Sun Pharmaceutical Industries, TBO TEK, Unichem Laboratories

 

Earnings Reactions to Watch:

 

IndusInd Bank – Negative

Loss of Rs 2,329 crore vs profit last year; NII down 43%; Operating loss Rs 4,909 crore; Asset quality worsened (GNPA up).

InterGlobe Aviation (IndiGo) – Positive

Net profit up 62% to Rs 3,067 crore; Revenue beat; Strong operational metrics (higher margins, lower fuel cost).

Colgate Palmolive India – Negative

Revenue, EBITDA, and profit all down YoY; EBITDA impacted by higher expenses.

Ircon International – Negative

Revenue down 11.1%, EBITDA down 44.5%, and Net Profit down 23.8%.

GMM Pfaudler – Negative

Net loss of Rs 27 crore due to exceptional loss; EBITDA and margin down despite revenue growth.

Astral – Neutral

Revenue and EBITDA slightly up, but net profit marginally down; largely in line with estimates.

National Aluminium Co – Positive

QoQ Revenue and profit up strongly; EBITDA up 27.4%; margins improved to 53.7%.

Prince Pipes – Negative

Revenue down, EBITDA margin dropped sharply, and net profit halved.

Teamlease Services – Neutral

Revenue slightly down; however, profit up 23% and margins improved.

VRL Logistics – Positive

EBITDA up 78.1%, Net profit up 245%; operational efficiency led to margin improvement.

Oil India – Neutral

Revenue and profit up QoQ, but EBITDA and margins declined.

H.G. Infra Engineering – Negative

Revenue down 20.3%, Net profit down 22.7%; overall weak earnings.

Star Cement – Positive

Revenue up 15.2%, EBITDA up 46%, Net profit up 41%; strong margin expansion.

Gallantt Ispat – Neutral

Revenue and EBITDA flat; profit aided by higher other income.

Mankind Pharma – Neutral

Strong revenue growth, but EBITDA and profit declined; margin contracted.

Gulf Oil – Neutral

Moderate growth across revenue, EBITDA, and net profit; margins flat.

ONGC – Negative

Net profit down 21.7% QoQ; margin contraction despite revenue growth.

 

Key Corporate Developments and Updates

 

IndusInd Bank (Fraud Investigation) – Negative

Board suspects fraud; adds to operational concerns after weak earnings.

Infosys (LogicMonitor Partnership) – Positive

Strategic collaboration in AI-driven observability enhances tech capability.

Ireda (Debt Recovery Against Gensol) – Negative

Large-scale default filings of Rs 729 crore indicate credit risk exposure.

Mastek (CFO Appointment) – Neutral

Leadership change – operational impact unclear.

Hindustan Zinc (Tungsten Block LOI) – Positive

Securing rights in a strategic mineral – positive for long-term growth.

Capital India Finance (RBI Approval for Unit Sale) – Positive

Regulatory approval for subsidiary divestment; potential capital unlocking.

Thomas Cook (Forex Expansion in Kerala) – Neutral

Network expansion – operational update without immediate financial impact.

Medplus Health Services (Drug Licence Suspension) – Negative

Regulatory action affecting operations in Karnataka.

REC (New Subsidiaries) – Neutral

Structural change; no immediate financial implication.

F&O Exclusions (Aarti Industries, Birlasoft, Hindustan Copper, Mahanagar Gas, and Piramal Enterprises will be excluded from Futures & Options from 1st August, 2025) - Neutral Regulatory action – trading impact, but not company performance specific.

 

Bulk Deals

 

Data Patterns India:

- The Government of Singapore sold 2,84,964 equity shares of the company at an average price of Rs 2,728.56 per share.

Zinka Logistics Solutions

- VEF AB (PUBL) sold 9,27,559 equity shares in the company at an average price of Rs 467.03 per share.

KPR Mill

- ICICI Prudential Life Insurance Company Limited acquired 17,54,386 equity shares in the company at an average price of Rs 1,140.10 per share.

- However, promoters KPD Sigamani, K P Ramasamy, and P Nataraj each sold 36 lakh shares in the company at the same average price of Rs 1,140.10 per share.

Stocks Trade Ex-Dividend

Ashok Leyland, Emami, GM Breweries

Stock Trades Ex-Date for Spin Off

Aditya Birla Fashion and Retail

Stocks in F&O ban

Manappuram Finance, RBL Bank, Titagarh Rail Systems

 

Source: NDTV Profit, Moneycontrol, NSE India, Investing.com